He visited the Alexandria Agricultural Company Lamar in Noubaria, Beheira Governorate, as part of the tour.
By: Business Today Staff
Mon, May. 27, 2024
Prime Minister, Mostafa Madbouly, initiated an inspection tour to address challenges and promote industrial and agricultural projects in new cities and governorates.
He visited the Alexandria Agricultural Company Lamar in Noubaria, Beheira Governorate, as part of the tour.
The prime minister's visit to the Nubaria region reflects the government’s commitment to supporting the private sector in agriculture and other key sectors like industry, information technology, and tourism.
To achieve the goal of increasing Egyptian production, boosting exports, and reaching the target of $100 billion in exports.
Madbouly expressed the Egyptian government plan to increase the share of private sector participation in the state’s total investments, and to enhance its contribution to the gross domestic product to 65% over the next few years.
Chairman of the Company, Hani Talaat, confirmed that the company’s products are exported to 28 different markets around the world.
It’s an integrated model that includes agriculture, animal production, fodder cultivation, fruit production, milk pasteurization, packaging, dairy product manufacturing and natural juice production.
The company also focuses on incorporating top international elements in agricultural manufacturing and exporting to foreign markets.